Cisco Licenses Worldwide Rights to GLOBEtrotter's FLEXlm; Industry Continues Rapid Adoption of FLEXlm for Electronic Software Licensing.Business Editors/High-Tech WritersSAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--May 17, 2000 GLOBEtrotter Software today announced that Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) has purchased worldwide license rights for GLOBEtrotter's electronic software licensing technology, FLEXlm(TM). GLOBEtrotter is the leading supplier of electronic licensing technology for software vendors and the leading supplier of electronic licensing based software asset management products. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. International Data Corp, over 50% of software revenue will be delivered using electronic licensing by 2003, and virtually all software revenues will be derived from electronic licensing by 2008. Software vendors have shipped over $40 billion worth of software using GLOBEtrotter's FLEXlm electronic licensing technology. "Cisco's commitment to FLEXlm is another demonstration of how Internet and e-commerce driven companies are adopting electronic licensing as a key strategy across their software product lines Software Product Lines, or software product line development, refers to engineering methods, tools and techniques for creating a collection of similar software systems from a shared set of software assets using a common means of production. ," stated Steve McHale, Research Director of IDC's Software Partnering and Alliances group. Cisco has previously integrated FLEXlm in select software products. This expansion to worldwide license rights permits Cisco to integrate FLEXlm throughout Cisco's products on Windows, NT, Java and select UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). platforms. "This expansion by Cisco is part of a much larger software industry trend," said Rich Mirabella, VP Marketing at GLOBEtrotter. "This rapid market adoption is driven by FLEXlm, enables software vendors to offer flexible license terms so all users in a company or department may access software applications, while ensuring that usage is tracked and the vendor is fairly compensated," continued Mirabella. "FLEXlm also provides software vendors with a large variety of options for other licensing practices such as Internet distribution of software and updates that benefit both vendors and customers." About Cisco Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in networking for the Internet. For more information on Cisco and its products, see http://www.cisco.com About GLOBEtrotter GLOBEtrotter Software, Inc., of San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. produces the world's leading products for software vendors to electronically license their software and software asset management tools for large software customers. Over 2,000 software vendors have licensed GLOBEtrotter's electronic licensing technology. On March 28, 2000, Macrovision Corporation (NASDAQ: MVSN MVSN Milizia Volontaria per la Sicurezza Nazionale (Italy) ) signed a letter of intent to acquire privately held GLOBEtrotter. For more information on GLOBEtrotter and its products, see http://www.globetrotter.com. About Macrovision Macrovision Corporation develops and markets content copy protection and rights management technologies and products to prevent the unauthorized duplication, reception or use of video and audio programs and computer software. Macrovision licenses its products and services primarily to the consumer multimedia and business software publishers, home video, pay-per-view, cable, satellite and video security markets. Macrovision has its headquarters in Sunnyvale with subsidiaries in London and Tokyo. |
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